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is expected to give congress about how to avoid that so-called fiscal cliff. also this morning, john boehner will be holding his own news conference. that one is at 8:00. he's expected to sell us the republican position about avoiding that cliff. boehner said he's "the most reasonable guy in washington." he believes he can find common ground with the president. >>> 7:04. they are still counting votes in florida from tuesday's election. but mitt romney's top campaign official in florida now says president obama will win the state. president obama leads romney in florida. the romney campaign in florida says it only expects the president's lead in the state to grow as more ballots are counted. president obama won the election even without florida's 29 electoral college votes. >>> schools are scrambling to readjust their budgets after the passing of the proposition in california. schools will receive $14 billion more over the next four years than they would have if the measure had failed. high-earning californians may have to recalculate their budgets. under prop 30, people making more than $250
burns reports from the washington, d.c. newsroom that house speaker john boehner seems to be offering the first olive branch. alison n. >> alley -- alison? >> reporter: house speaker john boehner was able to hold onto the majority in the house. there are some tynes from him that he might be able to and willing to strike some more deals with president obama. speakser boehner suggested for the first time a framework -- speaker boehner sucked for the first time a framework to avoid the massive spending cuts and tax increases that will kick in this less than two months if congress doesn't act. >> because the mesh people expect us to find common ground, we're willing to accept -- and extend the olive branch. >> reporter: president obama is getting his first post election presidential briefing this morning. reporting live from washington, d.c., alison burns, ktvu channel 2 news. >>> 8:16. here's some good news. tuition will be reduced for california state university, now that voters passed prop 30. csu said they were able to avoid a $250 million mid-year budget cut. so it will rescind a $2
loopholes and lowers tax rates. >> house speaker john boehner gave the republican address this morning, saying shoring up entitlements and reforming the tax code will lead to more jobs and a stronger economy. both sides agree another recession will hit if the nation falls over this so-called fiscal cliff, which is a combination of automatic spending cuts and tax rate increases that are scheduled to kick in at the start of next year. >>> thousands of customers are still without power nearly two weeks after sandy hit, and now their utility might raise their rates. the ceo of con edison has said he is very sorry that some people have gone 12 days without power, but his company plans to hike utility rates for gas, steam, and electricity anyway. many are questioning the timing of such an increase. >> it seems crazy. i know they are probably dealing with an antiquated infrastructure, but i mean, shouldn't they have thought about this maybe down the road a little bit? >> i think it's outrageous, considering what people have gone through. >> if the public service commission approves the rate h
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